London Breakout/Session GBP/USD Forex Daytrade — Strategy by SoftKill21
By SoftKill21
Performance Metrics
- Author: SoftKill21
- Symbol: FX:GBPUSD
- Timeframe: 1 hour
- Net P&L: +0.20 USD (+0.02%)
- Win Rate: 61.5%
- Profit Factor: 1.693
- Max Drawdown: 0.02 USD (0.00%)
- Total Trades: 257
- Sharpe Ratio: −259.926
Description
This is a forex strategy suited for day traders, specialized in the london breakout sessionThe key elements for this strategy are the specific london time session, together with an exit time(before asian trade/at the end of new york session).At the same time, as logic elements we only use price action inside like :For long we have 3 ascending candles, and for short we have 3 descending candles.For exit we have both TP/SL based on price percentage movement, or we exit if we reach the end of the day.If you have any questions message me in private !